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By 2030 Millennials Will Have $20 Trillion In Wealth. Here’s What They Want In Robo-Advisors

Bank Innovation

Millennials are expected to have $20 trillion in wealth by 2030, according to a July 2018 CB Insights study. Marketing investment options and robo-advisors to this mobile-centric group will require a specific strategy. Factoring in for organic savings growth, market “impact,” and wealth […].

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Kia Rolls Out Connected Car Subscriptions Via Zuora Platform

PYMNTS

The markets for automotive software and electrical/electronic (E/E) components is anticipated to reach $465 billion between 2020 and 2030, up from $238 billion, according to the McKinsey report Mapping the Automotive Software-and-Electronics Landscape Through 2030. Connected services are the future of the automotive industry.

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The Rise Of eCommerce And Digital Banking Innovations

PYMNTS

3.6T: Projected size of the "embedded finance" market by 2030. Data: $86B: Estimated spend on in-car commerce by 2025. 80%: Portion of global FI execs who believe banks will profit from embracing platform business models. 30%: Salesforce’s estimate of year-over-year growth in global digital commerce during Q4. 25%: Share of U.S.

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Navigating The Overstuffed Weight Loss Market

PYMNTS

According to the World Health Organization (WHO), obesity is on track to affect 50 percent of the global population or more by the year 2030, at an annual projected cost of $2 trillion, or roughly 2.8 The firm recently raised $10 million in Series A funding to push its sustainable lifestyle-changing app into the wider global market.

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Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

PYMNTS

After a two-year test drive as a client of market data and analytics firm CarStory, Vroom announced on Tuesday (Dec. Marketing Cars Online. Unity believes the tool will empower the auto industry’s digital marketing professionals to easily create and publish content and interactive experiences.

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How FinTech Firms Are Tackling Africa’s Agriculture Challenges

PYMNTS

While millions of small-holder farmers can’t easily and consistently find markets for their products, thousands of commodity buyers seek produce but can’t find farmers.) Both participants in the market, however, lack a basis for fair and transparent price discovery.

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Sneaker Marketplace Goat Group Nets $100M For Expansion On $1.75B Valuation

PYMNTS

Research firm Cowen estimated in July that the luxury sneaker market is worth more than $2 billion in North America and could be worth $30 billion worldwide by 2030, WSJ reported. Goat Group and StockX are among the prominent new companies arising because of the trend.

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